Clydesdale Bank launch 80% LTV BTLs & 3yr fixed rate BTLs

8th of March 2018

New Product Launch

Live now! we’ve added 3 new products to our Buy to Let range at 80% LTV available only on a full Capital & Interest basis.

1. The arrangement fee is £1,999.
2. Remortgage applications benefit from free standard legal fees and one free valuation*.
3. Available for loan sizes between £80,000 - £750,000.
4. Only available for mortgages on a full Capital & Interest basis.

We’ve added 3 year fixed rates to our BTL range too

1. The arrangement fee is £1,999.
2. Remortgage applications benefit from free standard legal fees and one free valuation*.
3. 60% & 75% LTV products available for loan sizes between £80,000 - £1,000,000^ and available on either Interest Only or Capital & Interest.
4. 80% LTV product available for loan sizes between £80,000 - £750,000 and only available for mortgages on a full Capital & Interest basis.

*Please note that the switching package is only available to applicants moving their mortgage from another lender. If the property to be mortgaged is unencumbered then a free standard valuation is available. Free valuations are available on properties worth £2m, or less. Optima Legal Services will charge a funds transfer fee of £42 to applicants who use the switching package.

^Loans up to £750,000 - maximum LTV 75% Loans up to £1,000,000 - maximum LTV 70%.

For full details on our products, please visit our website.

Product Transfers

These products are also available for any eligible Product Transfer applications you would like to submit via our online form.

Existing customers benefit from a 50% reduction to arrangement fees and you can apply up to 6 months before your customer's current deal ends. You can choose for your customer's Product Transfer to take place up to 3 months before their current deal ends without incurring an Early Repayment Charge.

If you have any questions, please contact your Relationship Manager.